Average Real Estate Sales Agents Salary in Eastern North Carolina nonmetropolitan area
Real Estate Sales Agents in Eastern North Carolina's nonmetropolitan areas can expect an average annual salary of $48,550. This figure falls notably below the national average of $70,360, a disparity often attributed to the unique economic drivers and market dynamics characteristic of nonmetropolitan regions. Factors such as local property values, transaction volumes, and the overall economic health of these specific communities play a significant role in shaping compensation levels for real estate professionals.
Executive Summary
- Average Salary: $48,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,060.
- Outlook: The job market for Real Estate Sales Agents in Eastern North Carolina's nonmetropolitan areas appears moderately concentrated, with a total local workforce of 440 professionals. The Location Quotient of 1.37 suggests a slightly higher presence of these agents compared to the national average, indicating a stable, albeit not booming, demand for their services within this specific geographic and economic context. The number of jobs per 1,000 workers, at 1.696, further supports the notion of a consistent, established market for real estate sales expertise.
Salary Overview
The average Real Estate Sales Agents in Eastern North Carolina nonmetropolitan area earns-31.0%below the national average.
$23.3
$934
$4,046
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise region is not provided, it is reasonable to assume a general upward trend in salaries for Real Estate Sales Agents over the past four years, mirroring national patterns. Economic recovery, shifts in housing demand, and inflation typically contribute to salary growth in the real estate sector. Professionals in this field likely experienced incremental increases in their earning potential, reflecting the evolving market conditions and the persistent need for skilled agents.
Real Estate Sales Agents Salary Distribution in Eastern North Carolina nonmetropolitan area
Salary progression for Real Estate Sales Agents in Eastern North Carolina's nonmetropolitan areas typically correlates with experience and demonstrated success. Entry-level agents may start at the lower end of the pay scale, while seasoned professionals with a proven track record of closing deals and building a client base can command significantly higher earnings. The percentile gaps in salary distribution highlight the substantial earning potential for senior agents who have cultivated expertise and a strong market presence.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,220 | $16.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $36,413 | $17.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $39,880 | $19.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $60,688 | $29.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $64,060 | $30.8 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$48,550
Gross Pay
Real Wage (Purchasing Power)
$48,550
Adjusted for COL (100)
The nominal average annual salary of $48,550 in Eastern North Carolina's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an agent's salary in this region is comparable to the national average. While the salary itself is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer a similar lifestyle standard to what one might expect in a higher-cost national average area, making it a potentially stable financial environment.
Job Market Context
440
Total Jobs
1.696
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Eastern North Carolina nonmetropolitan area has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
With a Location Quotient of 1.37, Eastern North Carolina's nonmetropolitan areas exhibit a concentration of Real Estate Sales Agents that is 37% higher than the national average. This indicates a relatively robust market for these professionals, suggesting that demand is present and the profession is well-established within the local economy. While not indicative of an oversaturated market, the elevated quotient points to a healthy level of activity and a solid base of agents serving the community's real estate needs.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Real Estate Sales Agents Salary | $65,220↑ 34% | 32 mi |
| Pinehurst-Southern Pines, NC Real Estate Sales Agents Salary | $48,160↓ 1% | 36 mi |
| Winston-Salem, NC Real Estate Sales Agents Salary | $49,070↑ 1% | 41 mi |
| Durham-Chapel Hill, NC Real Estate Sales Agents Salary | $59,530↑ 23% | 56 mi |
Comparing salaries near Eastern North Carolina nonmetropolitan area
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Eastern North Carolina nonmetropolitan area?
The median annual salary for a Real Estate Sales Agents in Eastern North Carolina nonmetropolitan area is $48,550. This typically ranges from $34,220 for entry-level positions to $64,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern North Carolina nonmetropolitan area is 31.0% lower than the national median of $70,360.
Is Eastern North Carolina nonmetropolitan area a lucrative place for Real Estate Sales Agents?
No, not compared to the national average.While the cost of living is average, the average salary of $48,550 is significantly lower than the national average of $70,360. The market shows a higher concentration of agents, but this does not translate to higher average earnings.
Is Eastern North Carolina nonmetropolitan area a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Eastern North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($65,220) and Pinehurst-Southern Pines, NC.
How does the local workforce size impact job prospects?
A local workforce of 440 Real Estate Sales Agents suggests a moderately sized professional community. While not a massive market, it indicates a stable demand for agents within the nonmetropolitan areas of Eastern North Carolina.
What does a Location Quotient of 1.37 signify?
A Location Quotient of 1.37 means that Real Estate Sales Agents are 37% more concentrated in this region than the national average. This suggests a stronger presence and potentially more competition, but also a dedicated market.
How does the Cost of Living Index affect salary perception?
With a Cost of Living Index of 100, the $48,550 salary has the same purchasing power as the national average. This means that despite the lower nominal salary, the local expenses are on par with the rest of the country.
Are there many job opportunities for Real Estate Sales Agents here?
The jobs per 1,000 workers metric of 1.696 indicates a steady, though not exceptionally high, number of opportunities. This suggests consistent demand for real estate services in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Eastern North Carolina nonmetropolitan area area with a job density of 1.696 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Real Estate Sales Agents Salaries by State
Top Jobs in Eastern North Carolina nonmetropolitan area
- All Occupations Salary in Eastern North Carolina nonmetropolitan area
- Office and Administrative Support Occupations Salary in Eastern North Carolina nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Eastern North Carolina nonmetropolitan area
- Production Occupations Salary in Eastern North Carolina nonmetropolitan area
- Sales and Related Occupations Salary in Eastern North Carolina nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Eastern North Carolina nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Eastern North Carolina nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Eastern North Carolina nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Eastern North Carolina nonmetropolitan area
- Healthcare Support Occupations Salary in Eastern North Carolina nonmetropolitan area
- Browse All Jobs in Eastern North Carolina nonmetropolitan area →
Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Eastern North Carolina nonmetropolitan area